Card Fraud Facts and Figures

In 2007, total card fraud losses increased by 25% to £535 million.
The success of chip & PIN has meant that over the past three years losses on transactions on the UK high street have reduced by 67% from £218.8m in 2004 to £73.0m last year.
Mail-non-receipt fraud also fell, dropping 34%, and lost and stolen card fraud showed an overall decrease on 2006 of 18%.
In 2007, counterfeit card fraud increased by 46% to £144.3 million. However, despite this fraud decreasing domestically by 32%, the overall figure increased due to fraudsters copying UK cards and using these stolen cards in countries which do not yet have chip and PIN.
The main area of card fraud to rise in 2007 was card-not-present (CNP) fraud. This increased by 37% compared with 2006. However, these losses need to be considered in the context of huge increases in both the number of people shopping online and over the phone, and the number of retailers offering telephone or online shopping. Since 2000, CNP losses have risen by 298%, but over the same time period the total value of online shopping transactions increased by 87%.

APACS - the UK payments association